JotieP schreef op 21 september 2021 13:35:
@21nov: as long as they are selling the cartridges only slightly above COGS, they will never be profitable. unfortunately, due to the fire, H2 2021 figures will be polluted again. COGS will be higher due to production on first line instead of ML2. so first time we could see the real COGS will be H1 2022 figures ... that's in a year.
unfortunatly, BCART is squeezed due to cashburn AND convertible loans.
convertible loans are due 9 may 2024. If the stock price is by then not higher than 12.9, BCART will probably have to pay-out the remaining 135Mio.
unfortunatly, the cash is currently 85Mio and the cashburn is 30-40Mio each half year. Let's say that at this rate, BCART is out of money end 2022.
A capital raise is inevitable. It would be great if this is done shortly after presenting great figures. Due to the fire, we can say H2 2021 will not be great. fingers crossed then for H1 2022, as this will be the last chance.
I must say i would be more comfortable with a lower position in BCART. I would however not sell it all. I strongly believe in the technology and if they manage to turn tides (finally), then my big loss might turn into a big profit. Currently that's just one big question mark.
being an altruist, i wish you all a huge increase in stockprice!